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Kinetik Holdings Q1 2024 GAAP EPS $0.12 Misses $0.48 Estimate, Sales $341.394M Beat $277.518M Estimate

Benzinga ·  May 9 05:11

Kinetik Holdings (NASDAQ:KNTK) reported quarterly earnings of $0.12 per share which missed the analyst consensus estimate of $0.48 by 75 percent. This is a 300 percent increase over losses of $(0.06) per share from the same period last year. The company reported quarterly sales of $341.394 million which beat the analyst consensus estimate of $277.518 million by 23.02 percent. This is a 21.48 percent increase over sales of $281.040 million the same period last year.

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